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Oil Price - Commodity Prices Slump on Coronavirus Fears

27-01-2020 03:13

Crude-oil and copper prices slump amid fears the spread of the coronavirus could erode demand in China, the world’s largest consumer of industrial commodities.

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Shares and oil tumble on coronavirus fears

The coronavirus has killed 81 people in China with almost 3,000 confirmed ill, while at least 44 cases have been confirmed abroad. The price of oil also fell, with Brent crude dropping 3% to $58.65 a ...

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Why China's virus outbreak is hitting oil prices and financial markets

China's coronavirus outbreak continues to spread fear through world markets, with oil prices falling to their lowest point in three months and the FTSE 100 losing more than 2% in early Monday trading.

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Amigo Loans puts itself up for sale | Petra Diamonds shares dive | Oil prices hit amid coronavirus spread

Crude prices fell more than 2% amid the rising number of cases of the new coronavirus in ... extremely negative expectations adopted by some market participants despite (the virus’) very limited ...

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Oil drops below $60 as China virus drives demand concern

LONDON (Reuters) - Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were ...

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